April jobs report: How to understand it

The American economy added 165,000 jobs in April, but the unemployment rate changed little, dropping to 7.5 percent. That's a drop of only 0.2 percent from the month before, according to the Bureau of Labor Statistics monthly report, released Friday.Here's what you need to know:How do we know about the employment situation?Three major reports on U.S. employment are released each month.Unemployment rate (from the Current Population Survey): Every month, the Bureau of Labor Statistics and the Census Bureau ask 60,000 ...